This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the bottom of any article.

July 23, 2013

Securities America Boosts Advisor Recruiting

Firm hires 3 new regional directors to focus on growing its advisor pipeline

Securities America announced Tuesday that it had hired three regional directors to recruit what it said was a “continuously growing pipeline of prospective advisors” in those regions.

Marc Beekman, 33, is the new regional director for greater New England, including Washington, D.C.; Steve Dripchak, 52, a 30-year industry veteran, is a senior regional director focused on the Northeast, including New York and New Jersey; and Troy Reeder, 38, who has served in various wholesaler roles, will serve as the regional director for the Northwest, stationed in Denver.

“We are pleased to welcome three new recruiters with extensive securities industry experience to the Securities America team,” said John Behn, Securities America national director of branch office development. “All three are local to their sales territory, providing just-in-time personal access to prospective advisors, which will be key to the ongoing growth of the company.”

Beekman began his career as a financial advisor before becoming a wholesaler with Jackson National Life and then Transamerica. Most recently, he was a personal investment officer with BBVA Compass Bancshares.

Dripchak has held various senior sales and relationship positions including the role of vice president of relationship management at National Financial Services. Most recently, he was a vice president at COR Clearing.

Reeder began his career in the securities industry in 2004 as an internal wholesaler for Jackson National Life. He has been in various wholesaler roles representing top insurance carriers and their products for nearly eight years, most recently wholesaling mutual funds to independent advisors.

Raymond James announced July 17 that it had also hired new regional directors to help boost its advisor recruiting efforts.